UNIVERSITY 42

Operated by ZARVONA ENERGY LLC (P-5 950523) in the HOLT RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240948District 7CField 423413002 tax incentive programmesCondensateGasSaveExport
Value, all time
$532 k
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 281 leases and 612 wells, and the rule below applies to all of them.

Discovered
2010-04-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: PER DKT 01-0299858, THIS FIELD HAS BEEN DESIGNATED AS A UFT

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-10-30183833
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition4,647 bbl$381,983
GasProduction32,448 Mcf$149,833
Total$531,817

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9345, -101.1887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.93449, -101.18866 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,450 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,450 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-1054052714028,450 ftMar 2008

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (219)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

219 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190250.852.79$6
Jan 201901746.033.23$55
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180265.382.90$6
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180162.874.01$4
Dec 20170157.272.92$3
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170142.493.09$3
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170150.452.95$3
Jan 20170049.413.42$0
Dec 20160148.763.72$4
Nov 20160042.492.64$0
Oct 20160146.193.09$3
Sep 20160041.553.10$0
Aug 20160241.442.92$6
Jul 20160141.622.92$3
Jun 20160145.352.69$3
May 20160142.521.99$2
Apr 20160036.561.99$0
Mar 20160133.011.79$2
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 20150038.792.17$0
Oct 20150343.552.43$7
Sep 20150042.992.76$0
Aug 201502140.162.87$60
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20151449.822.71$61
Mar 20154642.892.93$189
Feb 2015121844.662.98$589
Jan 20150043.433.10$0
Dec 20144054.693.59$219
Nov 2014152070.464.25$1,142
Oct 201433178.303.90$356
Sep 2014351486.164.05$3,072
Aug 201430289.394.04$2,690
Jul 2014343996.564.18$3,446
Jun 201436198.164.74$3,539
May 201401194.734.73$52
Apr 201408295.944.81$394
Mar 201406095.895.06$303
Feb 2014049997.406.19$3,090
Jan 2014114490.404.86$790
Dec 2013513591.824.35$1,047
Nov 2013014288.853.74$531
Oct 2013014397.423.78$540
Sep 2013094104.113.72$349
Aug 20130369104.253.52$1,300
Jul 20130252102.523.72$937
Jun 2013220094.403.93$975
May 20131420994.834.15$2,195
Apr 20132026693.964.28$3,018
Mar 20131145293.623.91$2,798
Feb 20132032591.233.42$2,936
Jan 20133040191.603.42$4,119
Dec 20126417586.773.42$6,152
Nov 20125328886.953.62$5,652
Oct 20124341589.383.40$5,254
Sep 20125734994.672.92$6,415
Aug 201212041292.662.91$12,317
Jul 20121329085.133.02$1,983
Jun 20126415979.822.52$5,509
May 20124918491.612.49$4,947
Apr 201223211101.652.00$2,759
Mar 201257311105.052.22$6,679
Feb 201231358101.102.57$4,054
Jan 20127036898.092.73$7,872
Dec 201117945596.873.24$18,814
Nov 20111358395.723.31$3,175
Oct 2011035484.983.65$1,292
Sep 2011042383.623.99$1,686
Aug 201117251583.404.15$16,482
Jul 2011054594.144.52$2,462
Jun 2011045292.904.64$2,097
May 2011061498.134.40$2,705
Apr 20110635105.964.33$2,752
Mar 201113768496.364.06$15,977
Feb 2011077485.644.18$3,235
Jan 2011070986.504.59$3,253
Dec 201015665185.734.35$16,204
Nov 2010071480.843.80$2,710
Oct 20107676678.103.51$8,623
Sep 2010078072.633.98$3,104
Aug 201018980573.684.42$17,483
Jul 2010087372.554.74$4,135
Jun 20103082970.364.91$6,182
May 201016094071.124.24$15,360
Apr 2010631681.694.12$1,793
Mar 201014976278.394.39$15,024
Feb 2010073273.585.44$3,984
Jan 2010070474.365.96$4,199
Dec 200915881471.445.48$15,751
Nov 2009017474.593.75$653
Oct 2009061572.544.11$2,528
Sep 200917996165.543.06$14,677
Aug 20091631,01767.423.22$14,263
Jul 20091811,12261.133.46$14,952
Jun 2009068566.163.90$2,668
May 200917531854.743.93$10,828
Apr 200917114946.773.59$8,532
Mar 200908242.144.06$333
Feb 200909632.814.63$445
Jan 200901935.865.37$102
Dec 200815711237.105.98$6,494
Nov 200816429155.496.86$11,097
Oct 200817633475.246.92$15,554
Sep 2008364492101.767.88$40,916
Aug 2008571445114.228.48$68,995
Jul 20080341131.0811.39$3,884
Jun 20080945131.3313.03$12,316
May 20080260123.1711.57$3,009
Apr 2008046110.3110.45$481
Mar 2008017101.909.66$164

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.85 =         $0
Gas                    2 Mcf  × $  2.79 =         $6

────────────────────────────────────────────────────
Month total                                       $6

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7C/G/240948 is the state's own key, not one this site invented.